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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoundHound AI, Inc. - SOUN

1. Pomerantz LLP is investigating potential securities fraud by SOUN executives. 2. SOUN reported delays in filing its 2024 annual report due to complex accounting. 3. Material weaknesses in internal controls were identified, raising investor concerns. 4. SOUN's stock dropped 5.86% following the announcement on March 4, 2025. 5. Such legal issues may lead to long-term impacts on investor sentiment.

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FAQ

Why Bearish?

Delayed filings and potential fraud investigations usually hurt stock prices. Historical events show stocks typically suffer after similar disclosures.

How important is it?

Investigations can significantly affect investor confidence and market perception.

Why Long Term?

Investigation outcomes can take time, impacting investors' trust and future stock performance.

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SYNQAMEL
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of SoundHound AI, Inc. ("SoundHound" or the "Company") (NASDAQ: SOUN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether SoundHound and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On March 4, 2025, SoundHound disclosed in a filing with the U.S. Securities and Exchange Commission that it would be unable to timely file its annual report for 2024. SoundHound stated that "[d]ue to the complexity of accounting for [the Company's prior acquisitions of Synq3, Inc. and Amelia Holdings, Inc.], the Company requires additional time to prepare financial statements and accompanying notes" and that it "has identified material weaknesses in its internal control over financial reporting."  On this news, SoundHound's stock price fell $0.61 per share, or 5.86%, to close at $9.72 per share on March 4, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLP[email protected]646-581-9980 ext. 7980 SOURCE Pomerantz LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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